Esconet Technologies Limited
listed
₹1.28LMin. investment
Esconet Technologies Limited IPO Details
Issue size
₹28.22Cr
IPO type
SME
Price range
₹80.00 – ₹84.00
Lot size
1600 shares
RHP/DRHP
Read
Price range₹80.00 – ₹84.00
IPO type
SME
Lot size1600 shares
Issue size₹28.22Cr
RHP/DRHP
Read
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About Esconet Technologies Limited
Incorporated 2012, Esconet Technologies Limited is engaged in the business of meeting a wide range of IT requirements such as high-performance supercomputing solutions, data centre facilities, encompassing storage servers, network security, virtualization, and data protection. Their comprehensive solutions cater to the needs of SMEs, large enterprises, and public sector clients. Furthermore, Esconet extend its capabilities into the cloud services domain through its wholly owned subsidiary, ZeaCloud Services, ensuring that our clients have access to cutting-edge technology and a seamless IT infrastructure experience
Throughout this journey, Esconet has garnered not only experience but also the pool of clientele base of private and public sector organizations. This positive evolution showcases theircommitment to excellence, innovation, and comprehensive client support. As a trusted partner, they are delivering not just solutions, but tailored strategies that empower our clients to thrive in the rapidly evolving landscape of technology.
Recognizing the demand in the Indian market, Esconet introduced its brand, HexaData, specializing in high-performance Servers, Workstations, and storage systems. Additionally, Esconet's strategic collaboration with NVIDIA has resulted their growth in the Artificial Intelligence (AI) and Machine Learning (ML) domain, enhancing theirservers and workstations. Esconet provides a wide range of System Integration services that involves total IT solutions including hardware, network and software implementations. Considering customer's requirements Esconet also provide tailor-based services that shall 112 be aligned as per the operational requirement and objective of our respective client.
As Esconet Technologies Limited prepares for its highly anticipated Initial Public Offering (IPO), the company has meticulously outlined the strategic allocation of proceeds from the Fresh Issue to ensure optimal utilization and sustainable growth.
- Working capital requirement of our company “Esconet Technologies Limited”
- Investment in Wholly Owned Subsidiary, viz. “Zeacloud Services Private Limited”, to fund its capital expenditure expenses.
- General Corporate Expenses.
Here are key details about the Esconet Technologies Limited IPO:
| Company Name | Esconet Technologies Limited | Esconet Technologies Limited IPO Opening Date | February 16, 2024 | |
|---|---|---|---|---|
| Company Established On | 2012Esconet Technologies Limited IPO Price band | ₹80 to ₹84 per share |
Frequently asked questions
How to invest in the Esconet Technologies Limited ?
Investors can apply for the Esconet Technologies Limited through their Demat account via the stock exchange or through their broker.
What is the issue size of Esconet Technologies Limited ?
The issue size of the Esconet Technologies Limited is 28.22 Cr.
What is 'pre-apply' for Esconet Technologies Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Esconet Technologies Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.